VOL. 123 | NO. 207 | Wednesday, October 22, 2008
As the economy tightened and credit dried up over the past several weeks, a South Memphis grocery store owner who is planning to open a new location in the mixed-use Towne Center at Soulsville hit a rough patch.
The Musculoskeletal New Ventures Conference keeps Memphis at the forefront of the orthopedics industry by showcasing the city’s competitive advantages and connecting investors to companies, its organizers say.
Wal-Mart executives say they are finished trying to build a third super store at Houston Levee and Macon Road in Cordova.
Shelby County government will stay in The Pyramid business for now.
WASHINGTON (AP) – The Federal Reserve on Tuesday introduced a new program to finance the purchases of assets from money market mutual funds as the government continued to search for ways to battle a severe credit crisis.
Dr. Timothy L. Hottel has been appointed dean for the University of Tennessee College of Dentistry.
WASHINGTON (AP) – Lawmakers waded gingerly Tuesday into a complex debate over how to overhaul the regulatory structure overseeing the U.S. financial system, promising stricter rules governing risky financial products that are seen as responsible for the current financial crisis.
NEW YORK (AP) – Bank-to-bank loan rates and yields on Treasury bills returned to their late September levels Tuesday, extending a recovery in the credit markets. Market watchers are now wondering, though, how much more the credit environment can improve given the economy's weakness.
NEW YORK (AP) – Oil prices tumbled back below $72 a barrel Tuesday as a stronger dollar dented investor demand for commodities and outweighed concerns about an expected OPEC output cut.